Investor Briefing · Seed Round

Documents that
know where every
word came from.

AspisGen is the provenance-first document engine. It drafts high-stakes legal and financial documents from your own master and sources — and shows exactly where every clause originated.

Launching Q4 2026·Part of the Aspis family·EU-built
The problem
01

High-stakes documents are still drafted by
copy-paste — and no one can prove the source.

Hours, not minutes

A single deed, contract or filing is assembled by hand from precedents, prior matters and source files — 3–8 hours of skilled time per document.

Errors hide in the detail

A stale party name, a wrong figure carried from an old template, a clause pasted from the wrong matter. The cost of one mistake dwarfs the drafting fee.

No chain of origin

When a clause is challenged, no one can show where it came from. There is no field-level audit trail linking output back to its authority.

Generic AI made this worse, not better — it hallucinates clauses with total confidence and cites nothing. In law and finance, an unsourced sentence is a liability.

AspisGen · Investor Briefing
Why it matters
02

In regulated work, the document is the liability.

3–8h

of senior fee-earner time sunk into assembling a single high-value document.

70%

of a typical deed or contract is reused boilerplate — re-typed and re-checked every time.

€0

tools today that trace each output field back to its authoritative source. The audit gap is total.

The market doesn't need another text generator. It needs drafting it can defend.

AspisGen · Investor Briefing
The solution
03

AspisGen drafts from your authority —
and proves every word.

Upload a master template and the source documents that hold the facts. AspisGen reads both, populates the master, and tags every field with where it came from.

01 · Master

Your template, honoured

Your firm's deed or contract structure — not a generic form. AspisGen never rewrites your house style.

02 · Sources

The facts, grounded

Prior matters, instructions, registries, financials. Every value is pulled from a document you supplied — nothing invented.

03 · Output

Draft, with provenance

A complete .docx / .pdf where every field carries a trace back to its source — reviewable in minutes, not hours.

The ROI

A first draft in minutes, not hours. AspisGen turns a blank-page drafting task into a short verification pass — saving time on every document and returning billable hours to fee-earners, while cutting the cost of manual assembly and rework.

AspisGen · Investor Briefing
The differentiator
04

Every field is colour-coded by trust.

The reviewer no longer reads the whole document. They look only where the system is unsure — turning a blank-page task into a verification task.

Sourced

Lifted verbatim from a source you supplied. Click to see the origin.

Derived

Computed or inferred from sources — a date, a total, a reconciled name.

Suggested

Proposed by the model where sources were silent. Always needs a human yes.

Missing

A required field with no source. Flagged, never quietly invented.

This is the moat. Generic AI optimises for fluent output. AspisGen optimises for defensible output — the only metric that matters to a regulated professional.

AspisGen · Investor Briefing
Security architecture
05

Your document never leaves
the building whole.

AspisGen reads and assembles inside a local sandbox. The AI reasoning step only ever sees slot-sized fragments — one field plus its candidate facts — never the full file.

01 · Local sandbox

Heavy work stays in-house

OCR, parsing and entity extraction run locally. The whole document is processed inside the region — it is never shipped to a third-party model.

02 · Minimised LLM call

Only fragments leave

The reasoning model receives just the slot + candidate facts, through a zero-retention agreement — no storage, no training on inputs.

03 · In-region & ephemeral

Gone when the job is done

EU stays EU, US stays US. Sources sit in ephemeral storage, encrypted in transit and at rest, and are purged on finalise.

The incumbents bolt privacy on. We started there — which is why we can sell into the firms that say no to everyone else.

AspisGen · Investor Briefing
The objection · answered
06

“Why not just paste it
into ChatGPT?”

Because in regulated work, that single paste is the breach. The whole confidential file — every party, figure and privileged clause — leaves your control in one action.

Generic AI · paste & pray

  • The entire document is uploaded — maximum exposure in one step.
  • Consumer tiers may retain and train on what you paste.
  • No residency guarantee — EU data can be processed abroad (GDPR risk).
  • Sharing privileged material with a third party can waive legal privilege.
  • No audit trail, no provenance, confident hallucinations.

AspisGen · sandboxed by design

  • The document never leaves whole — processed in a local sandbox.
  • Zero-retention reasoning — no storage, never trained on.
  • Region-locked — EU stays EU, US stays US, by construction.
  • Only slot-sized fragments reach the model — minimal exposure.
  • Full field-level audit trail — every value traced and defensible.

The same convenience — without surrendering the file. Generic AI makes the professional choose between speed and confidentiality. AspisGen removes the trade-off.

AspisGen · Investor Briefing
Target market
07

Land in legal. Expand across
every document-bound profession.

Beachhead

Legal — deeds & conveyancing

High repetition, high stakes, strict house templates, and a hard need for an audit trail. The perfect first wedge.

Expand · year 1–2

Finance & advisory

Engagement letters, term sheets, regulatory filings — the same structure-from-sources problem, larger budgets.

Expand · year 2–3

Corporate & compliance

In-house legal, procurement, tenders and proposals — wherever a master must be filled from trusted sources.

A narrow, painful beachhead with a credible path to a broad horizontal — the shape investors look for.

AspisGen · Investor Briefing
Market size
08

A large market, narrowed to a winnable wedge.

TAM · top-down
€12B

Global document automation & drafting spend across legal and professional services.

~1M+ firms worldwide · legal tech ≈ €25–28B, of which drafting/automation is the core slice.

SAM · serviceable
€2.4B

EU + US legal & advisory firms drafting structured documents from sources.

20% of TAM · the segments AspisGen can serve at launch with today's product and languages.

SOM · 3-yr ARR
€12M

Obtainable from the conveyancing beachhead plus first finance/advisory expansion.

<0.5% of SAM · ≈ 900 paying firms at ~€13k ARR. Ambitious but bottom-up defensible.

Legal tech is growing >9% CAGR; document automation is its fastest-moving segment as AI shifts drafting from authoring to verification. SOM is bottom-up from design-partner pipeline; €40M+ is the 5-yr / Series-B horizon. Sources & full model in the data room.

AspisGen · Investor Briefing
Competitive landscape
09

Everyone generates text.
No one proves it.

Category
Field-level
provenance
Source-
grounded
Zero-
retention
Your master
fidelity

Doc-assembly (HotDocs, Gavel)

Rule-based templates, no AI reasoning

part
varies

AI drafting (Spellbook, Harvey, Robin)

Fluent generation, citations weak

part
varies

Generic LLMs / Copilot

Whole file exposed, may retain & train, no residency

AspisGen

Provenance-first, source-grounded, private

AspisGen · Investor Briefing
Why AspisGen wins
10

The category will be won on
trust, not fluency.

1 · Provenance is a wedge, not a feature

Once a firm drafts against an audit trail, going back to unsourced output is unthinkable. High switching cost from day one.

2 · We sell where others are barred

Zero-retention + regional residency clears procurement at the privacy-strict firms that reject generic AI outright.

3 · Aspis family pull-through

A warm channel into firms already trusting AspisFile with their most sensitive documents.

4 · Verification beats generation

Our metric — defensible drafts reviewed in minutes — compounds with every matter a firm runs through us.

Go-to-market: land via design partners in conveyancing, expand by document type within the firm, then outward into finance and advisory.

AspisGen · Investor Briefing
Business model
11

A platform fee, included documents, simple overage. You pay for documents — never idle seats.

Each plan bundles a set of fully-traced documents; overage is a flat per-document rate beyond it. Reviewers and recipients are always free — only drafting consumes the allowance. Cost tracks value without metering anxiety.

Starter
€99/mo
8 docs / mo · overage €15

Solo practitioner. Full provenance, .docx & .pdf out. Top up any time.

Professional
€399/mo
40 docs (~€10) · overage €12

Small team of 3–10. Shared master library across the practice.

Business · popular
€990/mo
120 docs (~€8.25) · overage €9

Unused docs roll over. Team review workflow & audit export.

Enterprise
€3k+/mo
Custom reservoir · <€7 at volume

Firm-wide pool. Residency, SSO, SLA, custom onboarding.

Why the hybrid wins: a fixed platform fee removes the "bill anxiety" that scares legal buyers off pure metering, included documents anchor the value, and overage plus tier upgrades capture the upside — usage, not headcount, is the expansion engine.

AspisGen · Investor Briefing
Pricing vs the market
12

Priced on documents,
not on headcount.

Pricing model
Pricing
basis
Entry
cost
Charges idle
(non-drafting) users
Revenue
expands via

Per-seat SaaS

Spellbook · Juro · Ironclad

€ / user / mo
Medium
Yes — every licence
Headcount

Enterprise licence

Harvey · Robin AI · Thomson Reuters

Annual custom
High · €50k+
Yes — bundled
Renewal terms

Generic AI

ChatGPT · Copilot · no provenance

€ / user flat
Low
Yes
Headcount

AspisGen

Platform fee + included documents, then overage

Per document
Low
No — drafters only
Document volume

The wedge: a fixed platform fee gives us per-seat predictability, tokens capture the upside — so we undercut incumbents for the small-team buyer, clear procurement where generic AI can't, and grow with a firm's drafting volume rather than its hiring.

AspisGen · Investor Briefing
Where we are
13

Engine built. Now proving it
with design partners.

Now · 2026

Beachhead build

Provenance engine for legal deeds. First design partners in conveyancing. Zero-retention pipeline live in EU & US.

Next · 2027

Commercial launch

Self-serve Starter & Business tiers. Shared master libraries. Expand to engagement letters & filings.

Then · 2028

Horizontal scale

Finance, advisory & compliance document types. Enterprise residency & integrations. Aspis-family bundle.

This raise funds the move from working engine to paying design partners.

AspisGen · Investor Briefing
The ask
14

Raising €750K to reach
revenue with design partners.

Round
Seed
Pre-money
€3.5M
Post-money
€4.25M
Equity offered
17.6%
Use · 50%

Engineering — provenance engine, residency infra, model pipeline.

Use · 30%

Go-to-market — design partners, legal-sector founder sales.

Use · 20%

Compliance, security certification & data-room readiness.

Illustrative terms — final pre-money and round size to be agreed with the lead. Full cap table and scenarios in the data room.

AspisGen · Investor Briefing
The category will be won on trust

Drafting you
can defend.

AspisGen — the provenance-first document engine. Part of the Aspis family of sovereign document tools.

AspisGen drafts it. AspisFile controls it. One trust boundary — first draft to revocation.

hello@aspisgen.com · aspisgen.com